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Showing posts from December, 2023

Aviva CEO Amanda Blanc awarded Damehood in New Years Honours List

The group chief executive officer of Aviva Amanda Blanc has been awarded a Damehood in the New Years Honours List. from Insurer - insuranceage.co.uk https://ift.tt/jC8LqGU

Review of the Year 2023: Aviva’s Dave Martin

Dave Martin, MD, distribution and SME trading hails the virtue of “execution, execution, execution” and predicts underwriters and face-to-face meeting will come back in vogue. from Insurer - insuranceage.co.uk https://ift.tt/bVkFZDo

Review of the Year 2023: Investec Premium Finance’s Osian Rees

Osian Rees, head of Investec Premium Finance, reflects on why affordability and access to insurance cover could be vote-winners at the next election, and why brokers must ensure their supplementary costs align with fair value principles. from Insurer - insuranceage.co.uk https://ift.tt/hGf7EZt

Arch to sell MGA platform Castel to Ryan Speciality

Ryan Specialty has signed a definitive agreement to acquire Castel Underwriting Agencies from Arch Financial Holdings (UK) and minority shareholders. from Insurer - insuranceage.co.uk https://ift.tt/V7pmW0x

Review of the Year 2023: Polo Managing Agency’s Paul Andrews

Paul Andrews, CEO of PoloWorks and Polo Managing Agency, wonders what happened to Arch’s auction for Castel and predicts an FCA crackdown on the ‘last bastion of poor outcomes’ to protect vulnerable groups. from Insurer - insuranceage.co.uk https://ift.tt/FwneUvT

Axa appoints Matt Field as retail intermediary director

Axa UK and Ireland has appointed ex-Aviva director Matt Field as retail intermediary director. from Insurer - insuranceage.co.uk https://ift.tt/m7v31DH

Interview: SiriusPoint’s Rob Gibbs and Alex Hardy

Regional brokers’ interest in SiriusPoint has been piqued by a slew of appointments, most notably involving ex-RSA leaders, and a high profile MGA deal. Emmanuel Kenning finds out what the insurer has to offer and what is coming next. from Insurer - insuranceage.co.uk https://ift.tt/Uy3THsJ

Lloyd’s to stay in iconic headquarters until 2035 – report

Lloyd’s of London has struck a deal to stay in its famous headquarters at One Lime Street until at least 2035, according to the Financial Times. from Insurer - insuranceage.co.uk https://ift.tt/FdiVByE

Review of the Year 2023: Ageas’s Middle, Beckett, Clarke and Linklater

The Ageas UK management team ponder the plethora of personal lines exits and why a reduction in IPT could be a 2024 election vote winner. from Insurer - insuranceage.co.uk https://ift.tt/a3m9dPe

Meet the MGA: Corin Underwriting

Andy Hurrell, the managing director and head of underwriting at Corin, outlines his plans for a business that has made Lloyd’s-on-Sea its home with a strategy that aims to embrace everything good about being a virtual insurer and a recognised MGA. from Insurer - insuranceage.co.uk https://ift.tt/ZzNQt6e

FOS motor insurance complaints soar again to new five-year high

The Financial Ombudsman Service received 4,036 complaints about car and motorcycle insurance between July and September driven by disputes over vehicle valuation, customer service issues, and delays in claim settlements. from Insurer - insuranceage.co.uk https://ift.tt/crXFGAn

Markel International launches specialty division in international wholesale

Markel has launched a specialty practice within its international wholesale division bringing together its equine and livestock, marine and energy liability, trade credit, political risk, and surety underwriting teams, as well as its new international casualty line. from Insurer - insuranceage.co.uk https://ift.tt/gbBCPwY

Allianz targets doubling brokers in Accelerator Programme to 250 next year

Mike Thomas, director of distribution for digital and mid-market at Allianz Commercial, has set his sights on reaching 250 brokers in its Accelerator Programme next year. from Insurer - insuranceage.co.uk https://ift.tt/8nC0BFQ

Review of the Year 2023: Zurich’s David Nichols

David Nichols, Zurich Insurance UK head of retail reflects on the hype over the ‘war for talent’ and how RSA’s acquisition of NIG is a symptomatic of the drive towards e-trading and serving brokers better. from Insurer - insuranceage.co.uk https://ift.tt/rdGsHCm

EY predicts worst UK motor performance since 2010 with industry NCR of 114.6%

EY has revised its prediction for the UK motor insurance market and now expects this year will be the worst since 2010 with a net combined ratio of 114.6%. from Insurer - insuranceage.co.uk https://ift.tt/tj4GwuZ

UK property MGA to launch in January 2024

Real estate managing general agent Ventis is set to launch in January with capacity from Accelerant and the support of Mission Underwriters. from Insurer - insuranceage.co.uk https://ift.tt/NAcPDXW

The Green Insurer launches on CDL’s Strata

The Green Insurer has opened for business claiming to be the UK’s first truly green car insurance broker. from Insurer - insuranceage.co.uk https://ift.tt/TpC6wIE

ABI adds Blanc, Foley and Boulton to board

The Association of British Insurers has added Aviva’s Amanda Blanc, Axa’s Tara Foley and Clive Boulton of M&G Life Insurance to its board. from Insurer - insuranceage.co.uk https://ift.tt/UdYO9nw

RSA sells home and pet books to Admiral and confirms UK PL withdrawal

Intact Financial Corporation has reached an agreement to sell RSA’s UK direct personal lines operations, representing approximately £165m of annual premiums, to Admiral Group. from Insurer - insuranceage.co.uk https://ift.tt/pEGYrUi

QBE joins Biba as partner

The British Insurance Brokers’ Association has added QBE as a partner, its 23rd in total. from Insurer - insuranceage.co.uk https://ift.tt/J3Ct0gn

Policy Expert eyes accelerated growth after ADIA takes majority stake

Steve Hardy, CEO at Policy Expert, is confident that new majority backer ADIA understands the business and is well placed to support it going forward. from Insurer - insuranceage.co.uk https://ift.tt/Rj4etrS

Zurich driving forward on digitisation for international programmes

Zurich has boosted digital interaction to 70% of international programmes in the last two years with a target of 100% by the end of 2025, according to Vinicio Cellerini, global head of customer and distribution. from Insurer - insuranceage.co.uk https://ift.tt/PvydoJV

Advertising feature: Three ways brokers can help clients gain a security advantage when selecting cyber insurance

Tom Draper, UK head of insurance, Coalition outlines the most important ways brokers can help clients select cyber insurance providers that will give them a security advantage. from Insurer - insuranceage.co.uk https://ift.tt/W8U35GM

Review of the Year 2023: Axa’s Sarah Mallaby

Sarah Mallaby, Axa commercial distribution and trading director, reflects on the insurer’s cautious exploration of the opportunities afforded by AI and pushing the boundaries in ‘green’ schemes business. from Insurer - insuranceage.co.uk https://ift.tt/KuM0yg5

Polaris to upgrade imarket with £1.5m investment

Polaris is set to upgrade its flagship digital trading platform imarket following a £1.5m investment. from Insurer - insuranceage.co.uk https://ift.tt/v43e6tl

Beat Capital Partners launches accident and health business

Beat Capital Partners has launched RedRiff Agency, an accident and health underwriter with Peter Wilkins as CEO. from Insurer - insuranceage.co.uk https://ift.tt/xsA4av1

People Moves: 27 November – 01 December

Follow the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/jOUJH3r